KATHMANDU, May 20: Minister for Finance Janardan Sharma has assured the parliament that the government will incorporate all recommendations and suggestions provided by lawmakers in regard to the Appropriation Bill.

KATHMANDU, April 18: A delegation including President of Confederation of Nepalese Industries (CNI) Vishnu Kumar Agrawal has called on Finance Minister Janardan Sharma. During the meeting held at the Ministry of Finance, the overall condition of the economy was discussed.

LONDON, April 14: Finance Minister Janardan Sharma has urged Nepalis around the world to open dollar accounts in Nepali banks and invest in them.

KATHMANDU, April 11: Amid growing criticisms over his decision to suspend Nepal Rastra Bank (NRB) Governor Maha Prasad Adhikari, Finance Minister Janardan Sharma on Monday said that the government took action against Adhikari as per the NRB Act.

KATHMANDU, April 11: Finance Minister Janardan Sharma has directed the Nepali missions abroad to take initiatives for bringing in as much remittance as possible from the citizens living abroad and increasing the number of foreign tourists in Nepal by conducting promotional programs.

KATHMANDU, April 10: The CPN-UML has accused the government of suspending the governor of Nepal Rastra Bank (NRB) to cover up its incompetence.

COLOMBO, April 9: Sri Lanka will need about $3 billion in external assistance within the next six months to help restore supplies of essential items, including fuel and medicines, to manage a severe economic crisis, its finance minister told Reuters on Saturday.

KATHMANDU, April 8: Finance Minister Janardan Sharma has made it clear that Nepal's economy will not collapse like that of Sri Lanka.

KATHMANDU, April 6: Finance Minister Janardan Sharma has said that offices or projects led by women maintain transparency and good governance.

KATHMANDU, April 6: Finance Minister Janardan Sharma underlined the urgency of making a resolution to develop the dry port as an export center.

KATHMANDU, March 30: Finance Minister Janardan Sharma has said that the budget for the coming Fiscal Year 2022/23 will be prepared in a way that everyone will feel a sense of ownership for the budget programs.

KATHMANDU, March 29: The Ministry of Finance on Monday held discussions with the stakeholders from banks and financial institutions (BFIs), and insurance sector to solicit their feedback for the policy and programs and budget for the upcoming fiscal year.

KATHMANDU, March 28: Finance Minister Janardan Sharma has said that it is necessary to raise investment in big projects. Speaking at a Memorandum of Understanding (MoU) signing ceremony between Investment Board Nepal and Federation of Nepalese Chambers of Commerce and Industry (FNCCI) on cooperation in raising domestic capital and attracting foreign investment on Sunday, he suggested the officials select the projects that are worthwhile.

KATHMANDU, March 24: Finance Minister Janardan Sharma has directed Nepal Electricity Authority (NEA) to solve the problem of load shedding in industries.

KATHMANDU, March 22: Finance Minister Janardan Sharma has urged everyone to use electric stoves instead of cooking gas, which is bought using US dollars.

RUKUM, March 21: Finance Minister Janardan Sharma has said that the budget for the coming fiscal year- FY 2022/23 will be prepared by giving priority to the agriculture sector.

KATHMANDU, March 20: Finance Minister Janardan Sharma has claimed that the liquidity crunch has been seen in the market due to the tendency to hide cash at home.

KATHMANDU, March 13: Finance Minister Janardan Sharma has said that provisions have been made for the import margin to solve the challenges seen in the economy.

KATHMANDU, March 11: Finance Minister Janardan Sharma has said that the economy is not in a depressing state as rumored outside. He said that the economy was under the control of the government and the problem would be resolved soon.

KATHMANDU, March 10: Finance Minister Janardan Sharma has instructed the Investment Board Nepal (IBN) to move ahead with big projects by raising capital on its own. Attending the seventh meeting of the Monitoring and Facilitation Committee under IBN on Wednesday, Minister Sharma said that the ministry would extend necessary assistance to the Investment Board in building capital.

KATHMANDU, March 10: Finance Minister Janardan Sharma has directed officials to increase the capital expenditure to 90 percent in the current fiscal year 2021/22.

KATHMANDU, March 9: Finance Minister Janardan Sharma has said that the country will make a leap forward if it can make the local level self-reliant.

KATHMANDU, Feb 3: Finance Minister Janardan Sharma has urged one and all not to indulge in digital networking business.

KATHMANDU, Jan 20: Finance Minister Janardan Sharma has said that the problems of the private sector would be addressed through policy measures.

KATHMANDU, Jan 14: Finance Minister Janardan Sharma has directed officials at the security printing office to complete necessary preparations to start printing excise-duty stickers without any further delay.

KATHMANDU, Dec 31: Finance Minister Janardan Sharma has stressed the need for making the country self-reliant by developing the agricultural sector.

KATHMANDU, Dec 17: Finance Minister Janardan Sharma has directed all ministries to spend at least 30 percent of their budgets within one month.

KATHMANDU, Dec 8: Finance Minister Janardan Sharma has said that 90 percent of the post-earthquake reconstruction work has been completed.

KATHMANDU, Dec 1: Finance Minister Janardan Sharma in the Substitution Bill had said that plans for 1400 small roads would be put to a halt. But the budget of those schemes will not be stopped.

RUKUM, Nov 28: Finance Minister Janardan Sharma has said that development cannot take place without the support and participation of the people at the project site.

KATHMANDU, Nov 18: Finance Minister Janardan Sharma has directed authorities concerned to arrange rewards for those who report tax evasion cases.

KATHMANDU, Nov 13: Finance Minister Janardan Sharma has said that the manufacturing industry is a priority of the government. At an interaction organized by the Chamber of Commerce and Industry, Pokhara on Friday, he said that his goal is to build a productive economy in the country.

POKHARA, Nov 13: Finance Minister Janardan Sharma has said that media persons should be able to establish the truth as per the expectations of the people and defend wrongdoings.

SINDHUPALCHOWK, Nov 9: Finance Minister Janardan Sharma has stated that his goal is to collect 200 times more revenue than the set target.

KATHMANDU, Oct 29: Finance Minister Janardan Sharma has said that many industries should be run to boost the country's economy.

KATHMANDU, Oct 25: Finance Minister Janardan Sharma and British Ambassador to Nepal, Nicola Pollitt, have discussed issues including climate change.

KATHMANDU, Oct 4: Finance Minister Janardan Sharma has urged the microfinance institutions (MFIs) to reduce the existing interest rates on loans. MFOIs across the country have been investing through loans at an interest rate of 10 to 15 percent.

KATHMANDU, Sept 30: Finance Minister Janardan Sharma has started discussions on settling the COVID-19 insurance claims yet to be paid by various insurance companies.

HoR passes Appropriation Bill, 2021

September 20, 2021 12:41 pm

KATHMANDU, Sept 20: The meeting of the House of Representatives (HoR) has passed the Appropriation Bill, 2021. The bill proposed by the Minister for Finance Janardan Sharma was endorsed by the HoR meeting held on Monday amid obstructions posed by the CPN-UML.

KATHMANDU, Sept 13: Finance Minister Janardan Sharma has directed to install vehicle scanners at major customs points as soon as possible.

KATHMANDU, Sept 12: Fatima Sumar, the visiting vice president of the Millennium Challenge Corporation (MCC) requested Finance Minister Janardan Sharma to pass the compact through parliament.

KATHMANDU, Sept 9: Finance Minister Janardan Sharma has announced that the Melamchi Drinking Water Project, which was damaged severely by the floods and landslides, will be repaired and water supply will be resumed by mid-April 2022.

KATHMANDU, Sept 10: Finance Minister Janardan Sharma tabled the bill to replace the ordinance budget brought by the erstwhile government in today's session of the House of Representatives (HoR).

KATHMANDU, August 29: Finance Minister Janardan Sharma has urged youths to move ahead with a plan to employ 1.5 million youths in the country.

KATHMANDU, August 16: Finance Minister Janardan Sharma has urged the savings and credit cooperatives to inject 60 percent of the investment in the productive sector.

KATHMANDU, August 13: Finance Minister Janardan Sharma has directed officials to submit an action plan to double the domestic revenue.

KATHMANDU, August 6: The new physical infrastructure to be built now will be differently-abled friendly, said Finance Minister Janardan Sharma.

KATHMANDU, July 27: Finance Minister Janardan Sharma has said that the existing provisions of the Public Procurement Act are obstacles to expedite the pace of development works.

KATHMANDU, June 23: Minister for Finance Bishnu Prasad Poudel has urged the hoteliers and tourism entrepreneurs to take benefit from the facilities provided by the government in the hotel and tourism sector.

KATHMANDU, June 10: Deputy Prime Minister and Finance Minister Bishnu Prasad Poudel has clarified that the government will not take any decision that will hamper the conservation of Chure region.